Here’s the current live price for Pepe (PEPE):

PEPE 0x69 ON BASE (PEPE)

$0.00

-$0.00

(-15.89%)

Today.

📉 What's Behind the Drop?

1. Steep decline since May.

★PEPE is down over 25–40% since hitting a local high in early May (~$0.000025)

★Monthly performance shows a 30–40% drop, with a 2–3% dip just in the past 24 hours.

2.Whale sell-offs increased pressure

★A major whale offloaded 2.2 trillion tokens (~$3.5M loss), further dampening prices.

★On-chain metrics show whales reducing holdings and key wallet metrics going negative.

3. Bearish technical setup

★Charts point to a “bearish triangle”/corrective pattern, with RSI under 40 and MACD in negative territory.

★Trades persist near the 0.618 Fib retracement (~$0.000010) – break below likely opens way to ~$0.0000082.

4.Fading meme coin momentum

★In a broader meme-coin weakness, “in‑the‑money” wallets fell ~7% and large trade volume dropped ~5%.

★Market commentary suggests meme coins often behave like short-lived pump‑and‑dump schemes.

🛎️ Signs of Hope?

★There’s a bullish flag/cup‑and‑handle in play. Some analysts suggest a rebound toward $0.000013 if it holds above support ($0.000010).

★Trading volume remains elevated (hundreds of millions daily), and rising open interest suggests traders may be positioning for a bounce .

🔍 key Levels to Watch

Level Significance

$0.00001000 Major support—drop below could trigger another leg down toward ~$0.0000082

$0.000011–$0.000013 Resistance zone—breakout here could signal a short-term rally.

🔉 Final Take

PEPE is currently on a bearish trajectory—driven by big sell-offs, low trader confidence, and weak technicals. Still, a few on-chain and chart signals suggest a potential rebound if key support holds.

If you're holding or tracking PEPE, keep a close eye on how it behaves around $0.000010. A drop below likely means more downside, but a steady hold and rising volume might lead to a short-lived recovery.